https://www.taxtmi.com/caselaws?id=194750 The Tribunal dismissed the revenue's appeal and upheld the first appellate authority's decision to allow the revenue expenditure incurred by the company. The Tribunal found that the company had set up its business based on systematic activities undertaken, such as staff recruitment and commercial agreements, supported by the approval of the SEZ and agreements with Tata Consultancy Services. The expenses claimed were considered revenue expenses related to business promotion, office maintenance, traveling, and salaries, and were allowed by the Tribunal. en-us Tue, 11 Nov 2014 00:00:00 +0530 Sat, 23 Sep 2017 10:35:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194750 The Tribunal dismissed the revenue's appeal and upheld the first appellate authority's decision to allow the revenue expenditure incurred by the company. The Tribunal found that the company had set up its business based on systematic activities undertaken, such as staff recruitment and commercial agreements, supported by the approval of the SEZ and agreements with Tata Consultancy Services. The expenses claimed were considered revenue expenses related to business promotion, office maintenance, traveling, and salaries, and were allowed by the Tribunal. Case-Laws Income Tax Tue, 11 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194750